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Brazilian telecom operator TIM maintains a diplomatic tone when it comes to the possibility of acquiring a local competitor, such as Nextel or even Oi, now that regulator Anatel has raised the spectrum caps that domestic operators can ...

Internexa, the telecoms unit of Colombian state energy and infrastructure company ISA, will invest US$2mn to extend a fiber connection between Peruvian capital Lima and La Oroya in neighboring Junín department. According to...

PARAGUAY New ICT minister Alejandro Peralta says he aims to connect 5,000 schools to high speed internet before the end of the current five-year presidential term in 2023. Peralta was sworn in on Wednesday after President Mario...

Peru's transport and communications ministry (MTC) will review legislation and regulations governing broadband, particularly due to concerns that the country's national fiber optic backbone (RDNFO) is being underused. Speaking...

As cyber crime goes global and attacks become more sophisticated, the way in which law enforcement deals with attacks has to adopt a similar approach. CenturyLink has a global network and is in a privileged position to see attacks...

Mexico needs to speed up the implementation of fiber optic networks to bring about a faster deployment of next-gen 5G mobile connectivity technologies, and the country's upcoming government could be instrumental in facilitating...

Peru's fiber backbone network project (RDNFO), operated by Azteca Comunicaciones, is not meeting expectations and a new business model is needed, according to Rafael Muente, president of telecoms regulator Osiptel. In an address to ...

Argentine telcos suffered more than a decade with their telephony prices frozen, and could well have got used to having to wait for legislative change. However, in the blink of an eye (relatively speaking) telcos have been...

Argentina's Chaco province invited satellite TV group DirecTV to help expanding the fiber optics network and pay-TV services in the region. The province seeks investors to conclude its last mile fiber connectivity, when the fiber...

Argentina's Chaco province invited satellite TV group DirecTV to help expanding the fiber optics network and pay-TV services in the region. The province seeks investors to conclude its last mile fiber connectivity, when the fiber...

Copel Telecomunicações, a wholly owned subsidiary of Companhia Paraenense de Energia, provides telecommunications and communications services. During 2015, the firm served over 90% of rural clients and almost a 100% of urban clients,...

Argentina's state-run telco Arsat, which is responsible for the country's federal internet plan, has extended the national fiber backbone known as Refefo by 1,128km to the central province of La Pampa. Refefo now surpasses 29,000km ...

It privatized its state telecommunications company in 1995. Then it thought better of it and renationalized it in 2008 along with other "strategic" industries. It has some of the worst regional connectivity indicators in...

Mexico's newly elected government will name four new commissioners to the federal telecommunications institute (IFT), thus completing the renewal of the watchdog's seven-member board and potentially influencing the sector for over a...

Mexico's state telecoms investment agency Promtel gave its seal of approval to the wholesale mobile network Red Compartida's initial 32.2% coverage threshold when it started operations in March, but failed to perform mandatory...

Mexico´s telecom watchdog, the IFT, has approved the statutes for the creation of two new telecommunication service companies to be created as part of its mandated functional separation of América Móvil's Mexican wholesale fixed line...

Mexico launched a call for bids on Friday to develop the Red Troncal project, a high speed backbone telecommunications network based on two strands of dark fiber optic cable belonging to state-run utility CFE. The call for bids for ...

An untested, almost unheard of business model? Check. The animosity of most traditional telecommunications operators? Check. A seemingly small pool of potential customers? Check that box too. These are some of the challenges that...

Islim Telco, a company recently registered as a telecommunications services reseller, will be one of the first clients of the Red Compartida wholesale wireless network launched in Mexico in March, according to documents on the telecom ...

Recent talks between Google and the Cuban government are designed to improve the positioning of Cuban content on the internet and are not related to building communications infrastructure in the country, Cuba's deputy communications...

BNamericas delivers on-the-ground insight and trusted business intelligence to companies and investors active in and entering Latin America. Identifying opportunities early on and connecting clients with decision-makers across 12 industries, BNamericas is the edge your company needs in Latin America.

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Methodology & Procedures

Definitions

Projects covered include state-owned and private projects in the Infrastructure, Electric Power, Oil & Gas (excluding upstream), Water and Waste, and Mining sectors.

Where applicable, a project is considered as such until the end of construction and ramp-up to full capacity (with the exception of mining projects, where the date of commissioning signifies the end of the project). Projects must have a:

Data

For state-owned projects, initial information about the start date and estimates for completion and investment are taken from original signed contracts, along with addendums and annexes.

If original contracts cannot be obtained, information is taken from public documents, presentations, news articles from BNamericas archives, and external sources.

In cases where contracts are subject to approval by legislators, the start date is the date of the law or legislative approval.

In the case of private projects, information is taken from public sources, such as stock exchange filings, annual reports, company presentations, third party research and press releases.

In judging the timing of investment decisions for private projects, great care was taken to differentiate between large projects receiving environmental approval and proceeding directly to construction, and smaller projects where the investment decision hinges on securing financing.

Best care is taken to ensure that recorded data is correct at the time of entry and that each entry is backed with a relevant source.

The greatest care possible was taken to ensure consistency of information in order make a like-for-like comparison in project costs. Insofar as the figures rely on disclosure by the organization or company responsible, the figures can be considered to be conservative in nature.

No attempt was made to adjust figures for inflation during the course of research or for consideration of the time value of money.

Validation

In the case of state-owned projects, validation is carried out where possible with either a member of the consortium, EPC contractor, a relevant state agency or advisors to either party.

Currency

Projects costs are measured in US dollars. Where project costs are measured in a local currency, amounts are converted to US dollars at the date of the relevant announcement, signature or report.

Severity of deviation from original estimates

The severity of deviation from original estimates is defined according to set criteria.

Timing

Status

Condition

Ahead of time

95% of original estimate or below (measured in months)

On time

95% to 105% of original estimate

Minor changes

105% to 120% of original estimate

Medium changes

120% to 160% of original estimate

Major changes

Over 160% of original estimate

Budget

Status

Condition

Ahead of budget

95% of original budget estimate or below

To budget

95% to 105% of original budget estimate

Minor changes

105% to 120% of original budget estimate

Medium changes

120% to 140% of original budget estimate

Major changes

Over 140% of original budget estimate

Changes in Scope

Changes in scope beyond the start date are not accounted for.

Language definitions

Where guidance is non-specific as to dates for completion, the following is used. Project to be completed by 2018 = December 31, 2017 Project to be completed in 2018 = December 31, 2018